https://www.taxtmi.com/caselaws?id=294966 The Tribunal allowed the assessee's appeal, permitting the set off of interest income against pre-operative expenses for the assessment year 2014-15. The decision was based on the nature of the funds, the purpose of the share capital, and the connection between the interest income and the project's implementation. The Tribunal's ruling aligned with legal interpretations and judicial precedents, favoring the assessee in this matter. en-us Thu, 31 May 2018 00:00:00 +0530 Thu, 13 May 2021 08:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294966 The Tribunal allowed the assessee's appeal, permitting the set off of interest income against pre-operative expenses for the assessment year 2014-15. The decision was based on the nature of the funds, the purpose of the share capital, and the connection between the interest income and the project's implementation. The Tribunal's ruling aligned with legal interpretations and judicial precedents, favoring the assessee in this matter. Case-Laws Income Tax Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294966